The following was in the financial press pertaining to GoDaddy Corporation:

GoDaddy's $($GDDY$)$ stock was sold for $$26$ per share during its opening day of trading. GoDaddy sold $23$ million shares at

its IPO.

Required:

Record the issuance of stock, assuming the stock was no$-$par value common stock.

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field. Enter your answers

in millions $($i$.$e$.,5,500,000$ should be entered as $5).$

Journal entry worksheet

$1$

Record the issuance of stock, assuming the stock was no$-$par value common

stock.

Note: Enter debits before credits.